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Akbank TAS (Akbank TAS) Forward Dividend Yield % : 3.22% (As of Apr. 29, 2024)


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What is Akbank TAS Forward Dividend Yield %?

As of today (2024-04-29), the Forward Annual Dividend Yield of Akbank TAS is 3.22%.

As of today (2024-04-29), the Trailing Annual Dividend Yield of Akbank TAS is 3.22%.

AKBTY's Forward Dividend Yield % is ranked worse than
65.84% of 1171 companies
in the Banks industry
Industry Median: 4.16 vs AKBTY: 3.22

Akbank TAS's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Akbank TAS's average Dividends Per Share Growth Rate was 642.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Akbank TAS was 41.10% per year. The lowest was -29.50% per year. And the median was 1.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Akbank TAS's Forward Dividend Yield %

For the Banks - Regional subindustry, Akbank TAS's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Akbank TAS's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Akbank TAS's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Akbank TAS's Forward Dividend Yield % falls into.



Akbank TAS Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Akbank TAS Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1182024-03-262024-03-272024-04-04Cash DividendannuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Akbank TAS's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.118/3.675
=3.21 %

Current Share Price is $3.675.
Akbank TAS's Dividends per Share for the forward twelve months is calculated as $0.118 * 1 = $0.118.

Akbank TAS's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.118/3.675
=3.21 %

Current Share Price is $3.675.
Akbank TAS's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.118.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Akbank TAS  (OTCPK:AKBTY) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Akbank TAS Forward Dividend Yield % Related Terms

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Akbank TAS (Akbank TAS) Business Description

Traded in Other Exchanges
Address
Akbank Sabanci Center, 4. Levent, Istanbul, TUR, 34330
Akbank TAS is a Turkish bank whose core business activities include consumer and private, commercial, small to midsize enterprise, and corporate and investment banking services. Other activities include foreign exchange, money markets, and securities transactions. In addition to traditional banking activities, the company provides insurance intermediary services. Approximately half of the bank's outstanding shares are owned by Sabanci Holding, a large Turkish financial conglomerate, and its affiliates. Net interest income contributes to the vast majority of net revenue, followed by net fees and commissions. The banks gives credit exposure to the services industry.

Akbank TAS (Akbank TAS) Headlines

From GuruFocus

Akbank TAS's Dividend Analysis

By GuruFocus Research 03-25-2024